Korean Air more than doubles third-quarter profit

Korean Air reported third-quarter net income of KRW583.8 billion ($521 million), more than double a KRW264 billion profit in the year-ago period, attributing the earnings increase to "substantial growth in international passenger traffic and surging demand for cargo traffic."

Korean Air 777-200. Photo: By Rob Finlayson.
Korean Air reported third-quarter net income of KRW583.8 billion ($521 million), more than double a KRW264 billion profit in the year-ago period, attributing the earnings increase to "substantial growth in international passenger traffic and surging demand for cargo traffic."
Quarterly revenue jumped 26.2% to KRW3.13 trillion, outpacing a 16.5% heightening of expenses to KRW2.77 trillion, producing a record operating profit of ...

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